tv Politics Public Policy Today CSPAN June 4, 2012 10:00am-12:00pm EDT
journal." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> here is what is ahead on c- span. more live programming coming up later with the ford journalism awards from the national press club in washington. msnbc host chris matthews is the speak -- the featured speaker. later, a discussion on the european debt crisis, hosted by the atlantic council. speakers will include the ceo of deutsche bank. looking at congress, the senate
gavels in today at 2:00 p.m. eastern, on a bill that penalizes gender-based pay discrimination. also the u.s. district court judicial nomination. energy and water spending on the calendar. you can watch the house live here on c-span, and of course the senate on our companion network c-span2. >> the fcc is primarily an enforcement agency head -- -- the ftc is primarily an unforced agency. i think self-regulation is a tool that can be much more responsive to changes in the marketplace. in a quicker way than regulation or certainly than passing laws can be.
>> tonight, a look at the federal trade commission's enforcement roles in dealing with privacy on the internet. at 8:00municator's," eastern on c-span2. >> the research included traveling the globe, speaking with the president of relatives in kenya and discover his african and as a street on the shores of lake victoria. he also toured kansas to find the origins of barack obama's mothers -- mother's family. our trip to kenya as we traveled with the author, david maraniss, in 2010. and your phone calls coming emails, and tweets, on c-span2
"booktv." >> more from the road to the white house now. donald trump was in north carolina this past friday, appearing at the north carolina republican party dinner. his comments last about 45 minutes. [applause] >> wow, what a group. this is great. i have turned down many of these over the last couple of months. they want me to do the little speech for the conventions, and i love doing it, but i really love north carolina. and i have to tell you -- i am different from your average speaker because i really backed up my word. i just bought a huge job outside the -- it is a great job, a
beautiful job come on lake norman, one of the biggest lakes anywhere. it is magnificent and we love it and it is going to be something very special. i am really happy because i was told by jon and others that you broke your records tonight, and anything i can do to help really makes me feel good. by breaking records, that means you are going to raise more money than you ever anticipated. you are going to use the money wisely, and you will defeat barack obama. [cheers and applause] very important. you know, today, when i left new york, i happened to turn on the television, and i saw some news the market had one of its worst days today. very, very bad day. job numbers were absolutely terrible.
13 million people out of work. that is a hell of a lot of people. 13 million. and the unemployment rate went up today. and all of this is bad news, and, frankly, you could say good news in terms of the republicans in terms of an election. i do not care. we love the country first, so it is bad news, as far as i'm concerned. we really have difficulty in this country. so many things, if you just pick up today's paper. in san francisco, they are building something called the bay bridge. who is building it? you would think the people of los angeles, the people of san francisco, the people of california. no. you know who is building it? the chinese are building the bay bridge. $1.8 billion, and now they have tremendous cost overruns.
it turned out that if they would have used american labor, they could have done it cheaper. this is the kind of thing that is happening to our country. the united states has become a laughing stock and equipping post for the rest of the world. america today is clearly missing quality leadership like probably never, ever before. on numerous occasions, i have warned that countries like china, india, korea, mexico, the opec nations who are really having a field day with us, and i have been talking about it for years. we cannot go on. we cannot continue to go on where countries are laughing at us, laughing at our leaders, laughing at every single thing we do.
you know, it used to be that we had the greatest negotiators. we were the kings and queens, and today we are a laughing stock. and i can tell you, the people in this room do not like it, and i do not like it. [applause] we are losing hundreds of billions of dollars a year. china this year will make $350 billion on us, all -- call it profit, call it whatever you want. the number will be $350 billion and probably it is going up. if you read the newspaper today, they have devalued their currency. that does not sound good, but it is great for them and bad for us, as you can probably suspect. they do not respect us, and that
devaluation, which nobody believed was possible, but they actually have the audacity to do it. that devaluation will make it really, really hard for our companies to compete against chinese companies and china itself. it is a terrible thing. and what do we do? we go out and we hold beautiful, beautiful receptions and dinners, black tie, for the president of china when he comes over. some people loved what i said and some people did not. i said if he came over when i was around, i would not give black tie dinners. i would talk to him first, bring him into the office, and we would discuss things, and we would see how he responds. and if he continues to take advantage of this country, there is no black-tie dinner, no
mcdonald's, no nothing. it is, thanks a lot, folks, because -- [applause] because the fact is, we are rebuilding china. now, i usually say, when was the last time you saw a major bridge like the george washington bridge, the verrazano bridge, where was the last time you saw a bridge being built in this country? the bay bridge is being built by the chinese, do -- by the chinese, too. you go to the opec nations, it is unbelievable what you do. you fly back home, you land in new york, los angeles. you land in la guardia airport, kennedy airport, lax, and we are like a third world country. i was in one of the very rich
oil saves. and i am not knocking them. their leaders of the economy and they do not believe what they're getting away with. he is showing me an airport, the most beautiful airport i have ever seen. the most beautiful i have ever seen. they actually showed me where they have a spot so that people before they get on the plane can go to the spa. i never saw anything like this. and i said to him, this is the single most beautiful airport i have ever seen. he says no, no, you do not understand. this is just temporary. we are ripping this down. look on the horizon. and i saw 42 cranes on the horizon, building something i had never seen before, the real airport. and then i land at la guardia and i say can you believe this, can you believe this? when you see that place, you
know what i'm talking about. it is a disgrace. when i look at countries like the country of colombia, very good people. you look at last year, they made $4 million on us. then you hear about social security, medicare, medicaid, and i hear so many different theories and so many different ways, and obviously we all agree we have to stop the fraud and abuse. but you know the greatest thing we can do? if we got this country roaring again -- and the potential is enormous -- but if we got this country roaring, roaring, roaring, it solves the problems. but you cannot do that when china is taking our jobs. you cannot do it. [applause] when china is taking our jobs, we are a bunch of patsies.
when they are making our products -- you could say opec, but who accuses us more? opec, those nations, would not be there except for us. one of the things that i find amazing -- they talk about barack obama and his foreign policy. what is his foreign policy? he goes and and does not defend egypt, where egypt was -- look, i do not know what they say behind our back, but at least outwardly they were supporting israel and they were doing lots of good things for the united states and we paid them a lot of money. we pay everybody lots of money. we have to pay everybody. but we go, and now that regime is taken over by a group of people that make them look like babies, totally anti united
states, totally anti israel, anti everything. what have we done? and the rest of the world sees how we acted, and they say we just cannot count on the united states. i look at what we have done in iraq. i got in some trouble for saying this, but i'm not changing my mind. the nice part about being -- about not being a politician, is i can say what i want. [applause] if people like it, that is fine, if they do not like it, that is ok, too. look at iraq. the smart people said we went in for the oil. ok, because it never made sense, they never had the weapons of mass destruction. we landed in this absolute quagmire, 1.5 -- $1.5 trillion.
i made the statement very strongly a few years ago. i said, look, they have the second-largest oil reserves in the world. people not know that right after saudi arabia -- beset why aren't we at least paying ourselves back out of that -- they said why aren't we at least paying ourselves back out of that oil? and these stupid politicians said -- and some of the press, by the way, in all fairness, because i think the press may be leading the politicians instead of the other way around -- but these stupid politicians said, can you believe a horrible, horrible statement like that? we are supposed to give them democracy. they will not have democracy. they will be the meanest, hardest, greatest hater of the
united states. and what have we done? i actually said take the oil, give them plenty. at least give us back our $1.5 trillion. in the old days we would have a war, when we were smart and when we were strong. if we won the war, which we always used to, we would take what we need. it is called to the victor belong the spoils. [cheers and applause] so look at iraq. we go in and we spend $1.5 trillion. we are there for years, and we leave. we leave. we get nothing. who ever heard of this? take another one -- libya. the rebels are being routed by gaddafi. it was over. so the rebels c. obama, this man
with the great foreign policy -- so the rebels see obama and his representatives, and they say we are being routed. if you remember, they could not have lasted another two days. don't kid yourself, those people were loyal to gaddafi and died with him. the rebels were gone. they gave two days, three days, but they were gone. and the rebels, who we do not even know who they are? who are they? we do not even talk to them anymore. it sounds like "gone with the wind," a very romantic term. the rebels. a lot of crap. the rebels say, "we are being routed, will you help us?" and we say, yes, we will help you, and we spend hundreds of millions of dollars dropping missiles all of the place, knocking the hell out of the
army, out of gaddafi. that guy got wiped out. but we are spending hundreds and hundreds of millions of dollars. the rebels take over, and you know who they sell their oil to? china. china is their primary customer. you know how much china spent? nothing. they were not involved. so what i said -- this was before the end, and actually before they made the deal, because i am instinctively a businessman. i love making money, creating jobs. i'd just like the system. but it is a hard system because regulation -- i said to the representatives and whoever would listen, tell the rebels, they would have given you anything. say, listen, we are going to help you, but we want 50% of your oil.
you know what they would have said? where do i sign? if you would have it -- if you would have said 75% they would have said ok, too, but i want to be a nice person. i do not want to get greedy. [laughter] libya is a very big oil- producing state. we would have gotten their oil, they would have had plenty for themselves. i do not want to take it all. all you had to do was, believe me, anybody in this room could have done it. just said we're -- just say we are going to help you but we want 50% of your oil. they would have signed. now, by the way, it was suggested they pay us back the money that was spent, which was peanuts, and they said how dare you ask us for that. by the way, iraq -- this was the beauty of all duties.
one of the politicians, if you can call them that, in iraq -- and i do not blame them for asking -- said that we have destroyed their country, we want retribution. we want you to pay us back for the damage you have done to iraq. you believe this? and i tell you what, our leaders -- they do not have any. i would not be surprised if they made a deal. so you look at what is going on, you look at two cases. i just used them as examples. iraq and libya. now, iraq was a very powerful nation, relatively speaking. it took us about three days in terms of wiping their army out, but we did not count on people with the bombs and this and all of the dirty pool that is played. but iraq was a counterbalance to
iran. and for years and years and decades and decades, one would go 3 yards over, the other would go 3 yards over, one would use poison gas, the other would use something, but they were basically identical and they could not do anything. they were their own checks. this was a natural check that took place over many, many years. military check. we have decapitated the iraqi army, so now iran is just waiting, and at some point there is no question, as sure as you're sitting here, unless something else happens first -- like somebody getting elected, and the only way he will do it is to start a war with iran. if iran is not negotiating now, they have to be crazy because they are sitting on hot timber. they are really crazy not to
negotiate. and they do, in my opinion, want to negotiate. but we may have somebody who wants to have a war because he does not want to accept negotiation, which could be much stronger than war and you could be making a better deal, and it will be good politics. i'm bigger than "the new york times." it is like i own the new york times. it's crazy. i always wanted to own a newspaper. now i own a newspaper and it does not cost me anything. it is unbelievable. i did say that i predict there is a good chance we will end up in a war with iran because i think it is politically possibly a positive for obama, even though it is not good for our country. you're also talking about, look, i am the most militaristic person in this room, and we have a lot of them.
especially the sheriff who picked me up from the plane. tough guy. that is why crime is down. i love people like that. i am the most militaristic person in this room, but you have to know where and when to go with this. i think we can do anything we want. we do not even talk to them. the leader comes to new york city, nobody talks to him. he gets up at columbia university and a disgrace them. you know why? it is not that i care so much. i'm only interested in the deal that is good for the country. let's see what happens with iran. assuming it goes on more or less the way it is going now, iran will walk in and take over iraq like nothing, like nothing. they will take over the second- largest oil fields and reserves in the world. and we will have made that possible with our $1.5 trillion and thousands of lives and our
wounded. we will have made that possible, and i think it is absolutely one of the saddest things because we have people in washington that do not know what they are doing. and it is a very sad thing. [applause] during my lifetime, i have always been told that a person of great accomplishment, somebody that is really, really successful, cannot get elected president. cannot do it, cannot even run for office. and i'm starting to sort of see that. as an example, i have great, great respect and have learned a lot about him. i know him well. he is a fantastic man, a fantastic guy, mitt romney. he really is. [cheers and applause] now, he has had great success. in fact, president bill clinton,
who also like -- he said really nice things about me last night, which shut the hell out of everyone. he is an honest guy in his own way. [laughter] he is. he was very, very positive on the business career of mitt romney. last night, piers morgan, "celebrity apprentice." he won, and the first thing he did was take over larry king's job. he interviewed last night president clinton. it was a great interview, the president was great, although i do not think barack obama thinks so. because they talked about the business career of mitt romney,
and the president, among other things, said, "it was sterling." the word "sterling" is powerful, a great word. especially nowadays with the dow having problems. but the word is a great word, a very powerful word. i can imagine the white house must be going nuts. but he was honest. the man has had a great business career. just over the years, i have seen it. i have always heard that if you have accomplished something, if you have done something that is terrific, if you are a great businessman, which is country really, really needs -- because, as i said, we are being ripped left, we do not know what we're doing. it is so important. but when president clinton made that statement, the word is today that the white house is
livid. because if you have been watching -- and it is great that republicans have been watching like i have been watching. the initial salvo from the obama campaign was an attack on mitt romney's business acumen. the man has done an amazing job. you look at staples, so many companies, and he has done a great job. it was an attack. and now you have cory booker -- a good guy, the mayor of newark. he said very strongly you should not do that. and then last night you had president clinton really, really giving positive kudos, just fantastic words of praise to mitt romney. he did that because it was the right thing to do. and i assume that ends that particular attack because i think he will be hard to continue to attack mitt romney from that business standpoint.
i am sure they will find something else or try like hell, but it does tell you when a man who has done so many mournful things -- so many wonderful things can be attacked so viciously. it really is a tough life being a politician. there are plenty of politicians in the room appears it is not easy. one of the reasons that i decided i would not run -- as you know, i was doing very well, the polls were great, and i loved doing it. i had to make a decision because i had so many things going. i do not want to bring in a very -- i do not want to bring up a very successful show called "the apprentice." somebody said because i brought up the birth certificate, i am a racist. how could i be a racist? i just picked arsenio hall. because i asked to see his
college references, i would love to see them. [applause] there is one line called place of birth. i would like to see what he said. it would be very interesting. i do not care what his marks were. i would just like to see "place of birth." you know, perhaps it is going to say hawaii. perhaps it is going to say kenya. perhaps it is going to say something -- i would like to see "place of birth. they said racist. what the hell does this have to do with racism? and other presidents, from what i understand, all the presidents have given their records. this is really the reverse. then, as you know, last week, i just brought it.
i just happen to have it in my pocket. [laughter] this was from barack obama's publisher, and it said this was a book, this was printed. it said, "barack obama was born in kenya, raised in indonesia and hawaii." that is what it said, 1991. this is part of a book, a brochure. i said, well, now he is in trouble. it is actually amazing. he is very, very protective. bill clinton last night actually said on television, "it is pretty well determined" -- in fact, that to me was bigger than
saying "sterling." "it is pretty well determined that he was born in hawaii." we will see what happened. -- we will see what happens. i am about jobs, economic development. i do not like talking about the place of birth, because every time i get on a television show, i want to talk about -- they say, mr. trump -- i want to talk about how we can take all that energy under our feet and we do not need saudi arabia and all these other countries. [applause] frankly, we do not even need the canadian pipeline, to be honest with you. i think it's great to have it, but we do not need it because we have the oil under our feet. by the way, i love canada. but we do not need it. technology has become so incredible today in terms of getting things, in terms of
getting what is under our feet. it has become so incredible that 10 years ago, five years ago, nobody knew what we had. we ship a tremendous amount, number one customer of coal, to china. they use our coal, but we cannot use it. they have something called clean coal, and let's assume it is pretty clean, ok? [laughter] we are the saudi arabia of natural gas. it is hard to get it because of the regulations. we are beyond saudi arabia for coal, where the best, the biggest. and it goes to china. by the way, china talks about carbon content. believe me, they talked. it is all talk. you know what it is? it is all a lot of bull.
china is spewing crap into the air like nobody before. i know more about green energy than barack obama will ever know. i know more about it. green energy is fine. the problem is, a great cost. i will give you an example. windmills. they are a disaster. when you need the energy, the wind is not blowing. when you do not want the energy -- like winter, wind, storms, the wind blows so much, the sucker's explode. they blow up. did you see it? they show them blowing up. the funny thing is the environment lists all one to ifect all want windmills' -- anything is the environmentalists all want windmills', but not in their yard.
look at what has happened in palm springs, california. you come into this beautiful area, what it was, and you have hundreds of these windmills. it feels like you're in a bad version of disneyland. what it does to the environment -- windmills are a disaster for the environment. if you put them in the industrial locations, near plants and factories, that is one thing. but when you put them all over your countryside and destroy your countryside -- and it is a lousy form of energy. a little company, the head of selling drugs -- the head of solyndra not a guarantee of $130 million. i could see it going bad, but let it go bad in three or four years, not a couple of months later. we all run businesses, and you make good deals, bad deals, but they take years to go bad.
they do not go bad 14 seconds after the loan is approved. by the way, we're filing for bankruptcy. it is unbelievable. so i think that this country has enormous potential. but we have horrible, horrible leadership. [applause] if we had as an example the right people negotiating with some of the countries that are all laughing at our stupidity, and they are all over the lot and everybody has a different deal, and that is fine -- i mean, to me it is very simple. i know people that are so horrible, so vicious -- their agri-business people.
some are nice, most of them are not -- they are great business people. some are nice, most of them are not. but there in business, and that is all they think about. they have no life. names that you have heard of, they win a lot. if i take some of those people -- i do not even like to call them friends because they are hardly friends because they almost cannot be friends. i want them negotiating against the chinese, not some diplomats that studies how to be nice. you know what a diplomat does? they go to school and they study how to be nice. you ever go to dinner with a diplomat? you go home and you tell your wife, "he was a nice person." why are we using our best and brightest? china uses their best. they have a school system where you are not good, boom, boom.
they have the smartest people, and they take apart our stupid people. we do have a system in our own way. you have people that have made a lot of money and have been really good and they know what they're doing. why are we using those people to do negotiations against other countries? look at brazil. a friend of mine called me up and he is buying an airplane. i said great, great. where are you buying it? "brazil." "y brazil?" "i get a great tax credit. i can write off so much." "you get a tax credit in brazil ?" is like bay bridge, so many other things. isn't that crazy? that is what is happening to our
country. that really is what is happening to our country. what has happened is i was having a great time running. i really liked it. i went up to nashua, new hampshire. like i broke the record tonight, i broke the record in nashua, too. i was doing really well in the polls. i went to the white house correspondents' dinner, and the press, because they're so dishonest -- the president of the united states spent a lot of time talking about ball trump. it must have been 5000 or 6000 people. the president was telling, very respectfully, donald trump jokes. when i walked in, the press said, "do you think he will mention you, mr. trump?" i did not think so.
but they were calling -- but they were going nuts. the president started with a joke after joke about bell trump. that the white house was going to be called trump white house. he was very respectful, and i had a great time. in fact, as some of the men and women in the room will do, i tapped my wife on her knee bank -- on her knee -- i was trying to active little bit stonefaced. am i supposed to laugh? what am i supposed to do? i am neutral, like switzerland, i am neutral. so i tapped my wife on the knee and i said i had never told this story before. i said, "baby, do you believe it? the press is devoting most of the speech to me." i swear -- just so you know, i am a presbyterian -- i swear to
god this happened. i said, "do you believe this?" i have 6000 people in this room, the biggest ballroom in washington by far. every politician is there, and all they're talking about is me. i said, "de you believe this?" she goes, "no." unbelievable, i am helping a great time. but i'm having a great time. the next day, i wake up, "donald trump had a miserable time. he felt humiliated." so the press is really dishonest. i think the biggest thing that mitt romney has to fear is that press. they do not tell the truth. i know some great, great reporters, and it is a great profession. but there are many really dishonest reporters. i have had stories done on me
that they knew were wrong but they had to go with it. why? it is a better story, more exciting. these are some of the most dishonest people ever. again, there are some really good ones, really talented ones, but there are some really bad ones. i think it is the biggest fear that the republicans and mitt romney will have, because the level of protection of barack obama -- as an example, mitt romney has done many deals. they have been, generally speaking, fantastic deal. obama never did a deal except for one. his house. ok, his house. now, he got away with that, but that whole house thing is a very, very bad situation. he got away with it. i guarantee you, if he was a conservative republican, or if
he was somebody else, he would be in deep, deep trouble, to put it mildly. so we have had somebody in the white house who had no experience, no track record. and honestly, who has made very many bad deals. they talk about osama bin laden. think about it. pakistan is getting billions of dollars from the united states, and yet they are supporting osama bin laden. he is living in the biggest house. i personally do not think it was much of a mansion, but they all call it a mansion. i would not want to live in it personally, but it was big, the biggest house in the area by far. it was right next to the military academy, where all their best soldiers are, right? and they are very good militarily in pakistan. do you think they do not know who is living in that house? how stupid are we? he has this huge house, living
there for years with his three wives, and we are giving them billions of dollars. so now a call gets made to the president, and the call says the following -- "we think we have osama bin laden." let's assume anybody in this room is president, because i give the military tremendous kudos, the whole group prayed to doze. there are three things you can do. leave him alone. we do not want to touch him. those people, we want to write them off. you can do three things. you leave them alone, we do not want to touch him. nobody would do that. two things left -- go ahead and get him, or drop a missile on him. a lot of people would say go in and get him. i personally would have said that because it would have been so nice, right? so he said, "go in and get him." that was good. but who wouldn't have made that
decision? is there anybody who would not have made that decision? now, instead of sitting back and relaxing, he is bragging, "i got bin laden." but i think anybody else would have made the same decision. you look at the polls, and mitt romney is way higher in terms of the polls. they did not like him grandstanding with osama bin laden. they did not like it. [applause] so, anyway, i came -- i am sure i will get a lot of trouble for some of the things i said, but i do not care. [laughter and applause] we actually have a lot of national press back there. i see them, they're salivating.
"we are going to get trump." who cares? but we really have to do something. we have to do something soon. north carolina is one of the most, if not the most, important to stay in terms of who will choose the next president. [applause] we need a president who is smart and tough and gets it. we need a president who has business acumen. we need a president who has business ability. we also need a president who has heart. mitt romney has a lot of heart. the reason i decided not to run is i got to know him, and i heard him in one of the debates saying, about china, that china will not continue to manipulate their currency. they will not continue to destroy this country.
[applause] and if they do, we are going to the world court, and we will do other things like, excuse me, we will tax your product 25%. they will come to the table because they will have a depression in china the likes of which you have never seen. by the way, is not only us. europe is doing unbelievably badly. but china is doing a number on them also, because their manipulation of currency is absolutely sapping the europeans. one thing about europe i have to say. they created the euro. they got together and they created a currency. you know why? because they wanted to do harm to the united states. they wanted to compete better against the united states. now it is coming back to haunt
them. i have a lot of friends in europe, i came from europe, i guess, a long time ago, meaning my mommy and my daddy. but they wanted to inflict economic harm for us. and, boy, have they gotten screwed. what a mess. they were not counting on greece and spain and italy and everybody collapsing. so when people say about the euro, it could be the reverse. every economist disagrees with me. but i went to the horton school of finance and i was very good -- i went to the wharton school of finance, and i was very good in economics. it is not working out so well. it is working out for germany. germany is trying to take over the world. they tried militarily, it did not work. now they're buying out debt and
huge discounts. germany is doing very nicely, folks, but you may only end up with germany. so i really feel that it is very possible that, with respect to europe, if it gets weaker and weaker, which is probably happening, that is a positive thing for the united states. i'm the only one who said that, and the market went down 275 points because europe is weak. but it is interesting -- in the statement about europe, they talked about other countries that to the advantage of them. i am here because i love this country. i would much prefer, as much as i love north carolina -- i would not mind being home playing with barren trump. but this is so important to me. most political pundits do not know who they are talking about,
but i tend to agree with this. i have heard numerous times for people i respect -- most of them i do not respect -- that whoever wins north carolina wins the election. have we heard that? in other words, you are in a very, very important position, and you are the people that can bring it home. i hear the polls are pretty even. it is not going to be easy. because whether you like barack obama as a president or not -- and most people do not, and most people see what is going on and he is not doing well -- he is a great campaigner. that you have to give him credit for. you are going to fight like hell, because probably it is true -- you might add florida, ohio, a couple, but the fact is
every time i'm listening to some of the most respected people, they're talking about the importance of north carolina and the people in this room. so with that i leave you. i wish you luck. i really, really have enjoyed being here. you are great, great people, amazing people, and i really am honored to be with you tonight. have a good evening. thank you very much. [cheers and applause] thank you very much. thank you. thank you. thank you. >> i want to see everybody playing on the trump national in north carolina. >> republicans are not the only ones meeting over the weekend. maryland governor martin
o'malley traveled to new hampshire. his remarks are just over 20 minutes. [music players] -- [music plays] >> my goodness. you all seem pretty fired up here in new hampshire. [cheers and applause] it may be cloudy and rainy outside, but it is warm and fired up inside. great to be in new hampshire. i thank you for your very kind introduction ensure recognition of the important, meaningful, and good things that people of my state are doing. i want to say thank you also to
my friend chairman buckley, who is doing a great job for the new hampshire democratic party. thank you for doing this important job. new hampshire is critically important to our country this year. i also want to thank first vice chair clark, second vice chair solomon. it is good to join you to see your dedication. and to see backstage united states senator jean shane. he is doing a great job. also i had the occasion to listen to governor john land. don't you all think you have a great governor? john lynch -- you know what a
great governor he has been for new hampshire, and he is one of the great governors we have in the democratic governors organization, which i have the honor to chair this year. john lynch has been that person stepping up. he brings people together to get important things done, to create jobs, to improve education, to reduce the cost of health care, to protect the environment of this beautiful stay. you all do have a beautiful state. i'm glad to say i have had the pleasure of going door-to-door, to some very picturesque places here in new hampshire. you know, from mount washington to the waters of portsmouth, to the great north woods, one can just picture mitt romney driving his family -- [laughter]
up here to one of his many homes, children in the back of the station wagon, dog tied firmly to the roof of the car -- and as the dogwood a test, "mitt happens." [applause] as governor i do not get to watch much television, but i have to confess i was sad to see that wonderful reality series the republican presidential primaries end, weren't you? it was very sad to see it end. that reality show of fear and loathing. and when it came to the end of the final episode, everyone was
voted off that island except governor mitt romney, who managed to stave off and fight off his would-be competitors, armed with nothing but his chesty -- his trusty etch-a- sketch pad. now we enter an important phase not only for new hampshire's future and whether or not your state will continue to move forward, it is a question about whether our country continues to move forward. here in new hampshire, you could be the difference in the re- election of president barack obama. you could be those those that make a difference. -- those votes that make a difference. it is critically important that you get your state house back, critically important that you restore some pragmatism and some
common sense to your executive council, right? and it is critically important that you have a successor to john lynch that will be able to stand up with integrity, with the respect and dignity of every individual, breen the people of new hampshire together to move forward. i want to talk to you about the challenges that you and i, led by our courageous president barack obama, have taken on especially at this time. i would like to speak with you about the competing different visions that are now struggling for our country's future and that is being played out in every state house as well. finally, i want to suggest how we win in this important electoral choice that all of us as a community have to make. on this occasion five years ago
-- i think we are in the genet in the same -- i think we're in the gymnasium rather than the auditorium here. the forward out of a disastrous years of the presidency of president george w. bush. forward out of eight years where opportunity was declining, where wages were actually shrinking, the end of the worst job losses our country had suffered since the 1930's. that was the reality of our situation. you know what, my friends? the truth can darned well defend herself, but she needs to be stated. no president since franklin w. roosevelt inherited as large of
a deficit as our president inherited from george w. bush and his bad choices when he was president for eight years. [applause] so, look, let's start with a little bit of audience participation. let us resolve today that for the next seven months we never, ever say the words recession, deficits, job losses, without preceding them with the proper pronoun, "bush." [applause] some repeat after me, would you? altogether. for those of you who are roman catholic, i would like you to suspend your disbelief for this part of the program. repeat after me. bush recession. >> bush recession.
>> bush deficits. >> bush deficits. >> bush job losses. >> bush job losses. >> don't you feel better already? so, look, now when the party republicans like kevin smith, kelly ayotte, charlie bass, frank guinta, and mitt romney -- when these folks said they want to take us back, i think all of us should rightly asked, "back to what?" i do not want to go back to those days -- the job losses committed deficits. -- on the job losses, the deficits. moving forward, it is a part of who you are. it is in your dna. going back is not in your blood.
it is not the new hampshire way, not the maryland way, and it is not the way america was built. new governor lynch's hampshire working initiative, new hampshire moved forward, not back. new hampshire moved forward, not back. with new hampshire help first, helping small businesses provide health care for their employees, new hampshire chose to move forward, not back. with public kindergarten for every new hampshire child, new hampshire chose to move forward, not back. with your kids dropping out of high school, new hampshire chose to move forward, and not back. now, we have a leader, in president barack obama, who is making the right and the very difficult choices to lead us forward as a country. on the road to recovery, there
will be ups and downs. no worthwhile work is without its ups and downs. but with 27 months in a row of private-sector job growth, president obama is moving us forward, and not backward. with more jobs created last year and in the entire eight- year presidency of george w. bush, president obama is moving us forward, not back. by driving foreclosures down to a lower level than when he was first sworn into office, barack obama is moving us forward, and not back. by driving unemployment down to levels of the lowest in three years, president barack obama is moving america forward, not back. yes, the facts are stubborn things. you know what?
sometimes, they are also helpful things. job creation is up. unemployment is down. we still have more work to do. because of president obama's leadership, general motors is alive and hiring, and osama bin laden is not. [applause] now, could our jobs recovery be happening faster? sure, it could. sure, it could. but that would require compromise. [laughter] it would require some pragmatism. and it would require a laser focus on the common good. those are three concepts the
newly-radicalized tea party congress is entirely incapable of. we had a job-creation congress -- excuse me. we have a job-creation president, and a constipation congress. [applause] i mean, if they thought it would help the recovery speed up, these guys could not pass gas, you know? [cheers] not if they thought it would help the president speed up our jobs recovery. this is the same crowd that find themselves having to fall back to mitt romney as their party's leader. having now twisted into a pretzel to appease the radical right, he now tells us that his private sector experience at bain capital and his public sector experience as governor of the commonwealth of
massachusetts qualify camps for this office. let us look at the facts. at bain capital, where his job was to return profits as quickly as possible to a very narrow view, rather than creating long-term jobs for the many, he was driving up that, bankrupting companies before walking away from these businesses, leaving a trail of lost jobs and economic hardship. -- economic heartache for many. there is nothing illegal about that. that is part of this free- enterprise system. there are shipbuilders, and there are shipwreckers. there are people who manufacture cars and there are people who scrap cars. every job is needed. but the mission of bain capital was wealth creation, not job creation. those are different things. the second claim, which is a
claim he has not been making much even himself, had to do with his experience in the commonwealth of massachusetts. in better, far better, economic times, under mitt romney's governance, massachusetts ranked 47 out of 50 in job creation. where did massachusetts ranked in job creation? 47 out of 50 states, in job creation. get this. of the few jobs created during those years, six times as many were created in the public sector than were created in the private sector. what is more, in a relatively short time, one term, governor romney drove up the largest per capita debt on the backs of the people of massachusetts. contrast that with the record of our president. last year, our nation created
more jobs than it created in the eight years of the presidency of george w. bush. so you decide which of these gentlemen actually is the job creator. [applause] it is all about choices. it is all about choices. we can move forward, or we can move back. you have seen what has happened in new hampshire. a lot of buyers remorse right now, when some of your neighbors thought they were expressing their frustration. they settled your state with a bunch of people who you wonder -- they saddled your state with a bunch of people who you wonder why they would ever run for office, when the only value they seem to share in common is their desire to dismantle the people's government. elections have consequences. [applause] elections have consequences. the better future we seek for our children is not inevitable. it is a choice. right now, across our country,
here in your state house and this upcoming election, is a struggle between different vision of the future our children should share. we see it playing out. our vision, a division of democratic governor john lynch, the vision of president obama, is different from what our tea party republicans see for our country's future. we believe in america at united in the belief of the dignity of every individual. we also see an america that is still growing, where opportunity is expanding, and america that is moving forward, creating jobs, creating opportunities, growing in every way, including in our understanding of one another, our care, our respect, an america that is strengthening and growing the ranks of an inclusive and more upwardly
mobile middle-class. that is our vision for our country. [applause] our vision is not unlike that of our parents and grandparents. it is a vision of greater economic security and greater freedom for the many. it is a vision that says our best days are still in front of us as a nation. what is their vision? it is not a vision. i would submit to you it does not keep faith with the hard work and sacrifices of our grandparents. it does not believe in a better life for all america's children. it is the vision of an america that can no longer afford to grow its middle-class or to send its children to college, or perhaps even to send its children to the doctor. it is an america where jobs and opportunities are shrinking, where wealth is being
concentrated. it is an america where women's rights are rolled back. where voting rights are rolled back. where working rights are rolled back. it is an america whose best days are behind her. folks, this is not a scary tale. as you note here, especially, what they might do, it is overreaching, right wing, already happening in states like florida, new jersey, wisconsin, ohio, arizona. even in virginia. across the border in maine, even babies are not safe from the effort to repeal the ban on bottles.lkl what does that have to do with creating jobs and securing our
children's future? [applause] and you have seen it yourself. at a time when we should be spurring innovation in research and development, they put anti- choice of riders on bills. where would new hampshire be without john lynch keeping these guys from overreaching? [applause] where would new hampshire be? actually, you would be in maine. that is where you would be. [laughter] in states like new hampshire, the only thing protecting the common good from the radical republicans like bill o'brien has been your democratic governor. elections have consequences. that is why we need your help. our parents and grandparents did not, through their hard work, sacrifice, and love, give to us a car.
they gave us the country. this is not a thing to be traded in when the engine knocks or the corporate forgets old. -- the carburetor gets old. she is something to be treasured, loved, strengthened, and built up. it is not about what other countries are doing to us. it is what we need to do for ourselves. as research in this election for -- and so as we search in this election for the good intentions of our neighbors, for common ground and a way forward, perhaps we should ask one another, especially our neighbors who may have been seduced into this hard right- wing approach -- we might ask of them how much less do we think would be good for our country. how much less education would be good for our children? how much less public safety? how many fewer college degrees would be good for america's
economic competitiveness? how much less research and development? how many hungry american kids can we no longer afford to feedbacks to create jobs, a -- to fefed? to create jobs, modern economy requires moderate investments. some of these are public investments, investments by all of us for the benefit of all of us. innovating and rebuilding -- that is not democratic or republican. it is an economic truth, and an american truth. it was true for our parents and grandparents. it is the core that built our country. the united states of america is the greatest job-generating entity ever created by a free people in the history of civilization. [applause]
and we have it within our power. we have it within our power to champion free enterprise and expand opportunity at the same time. let us not be the first generation of americans to give our children a lesser quality of life with your opportunities and fewer freedoms. the better and stronger america that we seek is ahead of us. like the early light of dawn, it is forward, and not back. god bless you, new hampshire, in your important battle. [applause] [music plays]
>> voters in wisconsin will cast a ballot in the governor's recall election. scott walker is being challenged by tom barrett. aniston more as we we play their final debate -- join us tomorrow as week replay their final debate. this online to watch speeches, rallies and read endorsements and analysis of all the campaigns. it is available at c-span.org/ campaign2012. >> there have been many cases in the consumer privacy area. a lot of companies blowoffs some of the promises. i think self regulation using rules that can be much more
responsive to changes in the marketplace. >> tonight, a look of the federal trade commission in dealing with privacy on the internet with -- "the communicators," it o'clock eastern on c-span2 -- 8:00 eastern on c-span2. >> what the american people know is they understand that we did not get into this crisis overnight and we will not get out of it overnight. >> it is with the people in ohio, florida, virginia -- what they think about, about this getting worse and who is
responsible. >> the national journal focused on the 2012 presidential election. watch the discussions online at the c-span video library. healthnd and virginia's secretaries took part in a discussion on friday. they say regardless of the upcoming supreme court ruling, maryland and virginia have implementation plans in place. if a company does not offer health care plan, employees can purchase one. the supreme court ruling is expected within the next few weeks. this is about an hour. >> we have a discussion on what is up with state's health exchanges and what is going on with the state's and how --
states and how ready everybody is going to bae. there's more to come. we're excited to have this discussion today. let me tell you about who we have today. bill hazel, virginia's health secretary. daniel durham and ron pollack, executive director, families usa. i would like to think cbs care marke who was made this possibl. for them toul allow these events to be possible. i like to bring out the senior vice president. >> it is great to be here.
this health care briefing will be fantastic. i'm vice president of the government regulations team. what is going to happen at the state level? what will happen to health exchanges? there is uncertainty and confusion about what is out there in terms of decisions? some have never heard of the state based health exchanges. more than 50% of the respondents say they need help in choosing health insurance when the system changes. our panelists will be providing interesting information in terms of what the choices are and
helping consumer advocatcy groups can help in the future. thank you very much. >> next will bring out the deputy health editor and we'll give you a very quick way of the land of what we're watching -- lay of the land. everybody is waiting on the supreme court. there is of this stuff going on. the fda is zooming on to congress. there a few issues that have to be worked out between the house and senate. the house passed their version. we're not expecting that to take very long. there is another pretty big health care vote that we're
expected on the house floor next week. it is a vote on repealing the medical device tax. a pre save that -- a pretty safe bet that that will pass. it will depend on how it is paid for. do you want to say anything about that? in the meantime, things are at a standstill waiting for the supreme court. >> the supreme court decision. we will see if the supreme court will clarify things. that is one of the things we will hear about. it may not totally be black and white. >> we're still expecting the most likely week we'll hear from
the supreme court will be the last week of june. june 25 is a monday or june 28 is a thursday and my daughter's birthday. that's the prediction. let's bring out the panel. we're pleased to have daniel durham, executive vice president at america's health care insurance plan. dr. william hazel, secretary of health and human resources. ron pollack and dr. joshua sharfstein. thank you so much. would like to start with the state health secretary. if you give us a summary of where va is right now because the state has said the more complicated history.
i think "complicated" is the understatement of the year. the general assembly passed the bill which said if there is an exchange -- we continue to plan even though it is probably a little on popular. -- unpop ular. we're waiting for the supreme court to decide what happens. we're challenged by things now we have an influx of individuals related to the medicare match for virginia that virginia would have to pick up. that sounds like small numbers
but for a state like virginia, those are big numbers. what does that say long term about the willingness to do the insurance premium support? long term i think that is a tremendous challenge. we have a group and between the advisory council which is about to meet for the ninth time, we in the subgroups have a fairly good plan in place. we have done a lot of the technology infrastructure previously. we've upgraded our medicaid information system. with a consumer portal -- we have the consumer portal which would allow individuals to apply for things like medicaid. individuals will be able to
apply for medicaid but also child care and energy assistance. anything that we have done a technology-wise, we need anyway. if the health benefit exchange comes on line, we're doing things that make sense anyways. that is how we get there. it. module is part of t we have zeroed in and will recommend a package in virginia and we have meetings to deal with how we want to do with exchanges. we have done a lot of the planning and in some ways we probably are ahead of states that are in more favor of this and this puts this in a weird position.
the technology is not there. what do you do? >> i was going to ask you about that. say the supreme court comes back in the law is upheld and the election comes around and they did not change anything. wilbur g. be able to run their own exchange -- will virginia be able to run their own exchange? >> states were not worried about the i.t. everything has to go right to get their. we're one of a handful of states that can pull it off. that clearly can get set up and those policies can be in place. of theensitive to issues
insurance plans. they need information so they can start doing their planning. we are a little worried that it has not gone through a regulatory process at the federal level, as called for. we do not know where that will end up. there are lots of things out there that even if you're making a good-faith effort to get this done, there are some challenges ahead. >> it sounds like maryland has been charging full speed ahead. how do you think things stand at the moment? will maryland be ready in 2014? >> thank you for hosting this event. the amount of commentary is high and the number of articles or people are talking about what
is going on in virginia or maryland or other states is not that high. i agree with dr. hazel that there are a lot of complicated details. maryland has looked at this as an issue of how we improve the health care system both for hundreds of thousands of mariners who did not have coverage -- hundreds of marylanders to dor lende not have the coverage they need. this is a drag on the economy and jobs. the governor said up a planning process that has involved everybody in the state who has been interested. advocates, businesses, everybody.
we saw the affordable care act as a great set of tools. not guaranteeing an outcome. that led to recommendations and there is an irony because i go to these various panels of other states where they are against the affordable care act and they will wind up with the federal exchange in the backyard. a great set of tools. we would like to control our own destiny. we have a governing structure and a staff. we're going through a whole bunch of important policy issues that the general assembly adopted. we have the navigator program and a whole bunch of details. we also see the i.t. part of it
as a big challenge. we have a team of contractors working on this. it is important to realize what we're talking about. we're talking about the people having the ability to get easily available health-care -- easily affordable health care. people can get health insurance at an affordable price and as a result they are happier and more productive and they benefits. >> one of the dynamics of this debate -- you are a handful of
the exceptions. some other states are "over my dead body" states. you can each give two or three examples of how maryland and virginia are going to look different. is there some decisions you have made that will make virginia -- in exchange or on the exchange that the audience will understand the difference? >> i do not know. there is a group of individuals who believe that states stopped all work now, the fall into the federal plan and assume the feds cannot get it done. there has been a tremendous amount of work at the federal level.
there are decisions yet to be made about whether this can be done or not. we are concerned about affordable health care and access to it. this may not prove to be as affordable. a problem folks may have in 2014 is sticker shock. i would be interested in your comments. the access depends on portability. we feel that we have the private sector to move towards delivery system reform in a major way. maryland has done at different over years. they have a different, more involved approach.
we would have a facilitator exchange. i would assume maryland would be more active but i do not know that. we would like to have a single mechanism for the individual policies. i don't know what decisions you have made in that regard. your benefit package may be different. the states can schuss things that are different. -- the states can choose things that are different. >> we have a non-guaranteed -- >> we are not merging the markets. well, i'm not sure we will look all that different. we are partnering with the
insurance brokers and agencies. the exchange has authority to add additional requirements the week have not made any decisions on whether to do that. it is important to get this up and running. after a few years, we get add on some active participants. we're interested in ways to control costs. i see the affordable care act as one piece of the puzzle. if you don't have people having access to care, they cannot get to the primary care doctors. it is only one piece. there are a whole bunch of things. there are a number of ways it has been helpful and a whole
bunch of other efforts we have been able to get up and running. it makes sense for the exchange to engage in those. if there is a great health care renovation that is low in cost cuts, we want to encourage that or to have medicaid to encourage that. if there is a tremendous innovation -- >> our governors would be on unhappy -- the like illness in virginia is that it would be unlikely the government would want us to directly tell the exchange to make changes. we're trying to drive the delivery, changes in the medicaid policies that we have.
we're looking using the state employee health plan as a model of what would like to buy. not as much on the forefront as the coverage and so forth. you have the innovation center. we're not so sure there is a body of evidence that supports aco's. the building blocks in virginia and maryland are different. you cannot do in appalachia where you could do would charlottesville or northern virginia or tidewater. think of legos -- you have different building blocks you are working with. that there is yet in evidence-based model from top down that will work in all places.
energypending time and in that area as well. >> this is supposed to be an interactive conversation. you should have no cars by now -- note cards. questions and will collect the note cards and pass them up in a little bit. for anybody watching on live stream, you can fall the conversation on twitter -- you can follow the conversation on twitter. what are your basic priorities and concerns that you're looking out for right now? are there states the could be better off with the federal exchange? >> i think there is an
interesting example with respect to virginia in terms of the overall landscape. >> i'm not sure i want to be interesting, ron. >> you have your attorney general whose tripping all over himself to be the first at the courthouse door. you have a governor who doesn't have nightmares about exchanges but dreams about haven't vice president on the republican ticket and the lessons of the most wonderful things about the affordable care act, and here you are doing great work, implementing the affordable care act. >> retract all those statements. >> you have a tv camera here. there is a lesson here that is an important take away from this discussion.
i have great admiration for what governor o'malley and what josh are doing in maryland. i think there is a political lesson from what is happening in virginia. the story often these days is that there will be very few states that are going to implement these exchanges. you have 11 states that have enacted authority to set up exchanges. you have two states that have done this by executive order. massachusetts has been the bigger -- before the starting line was created. you add those together. that is 14 states. when i hear from reporters -- there is a tiny minority of states that are moving forward.
i think a key take away is due not only look at those states that have adopted legislation to set up an exchange. those are the only states dole have an exchange ready -- those are the only states that will have an exchange ready. look at the states that apply for and receive funding for the first stage of setting up an exchange. you've got 34 states that have done that. there are some states that politically have refused but they are still working to do so. but some of the conservative states where the governors are bombastic about the affordable care -- for gene is an example -- virginia is an example.
behind the scenes, there is work being done to set up exchanges. i would suggest to you that they are going to be-- there are going to be a lot more states that are ready to set up their exchanges come mid-november when the submit the paper work to hhs. then you would assume by looking at the states that enacted legislation -- take governor chris christie of new jersey. not exactly a shy guy. he vetoed the legislation to set up an exchange. new jersey feels they've taken enough preparatory steps. the supreme court moves forward and allows the affordable care act to implemented, they think
they're going to be ready. two other things. the federal government is now providing greater flexibility about possible partnerships. that makes a significant difference. some states implementing exchanges all by themselves. there is an opportunity for partnerships. it provides hope they'll be 014.y to go come january, 24 t the affordable care act did not do everything. it is an enormously important foundation for the future of america's health-care system.
the one thing the affordable care act does that makes my heart sing -- we have 50 million people who are uninsured. this will allow tens of millions of people to gain health coverage. that is an important thing to emphasize. it is one thing to of legislation with expansion of the medicaid program, increasing eligibility, and then to have tax credit subsidies for people a to400% of poverty, $93,000 for a family of four, but you still have to get these folks in rolled -- enrolled. the possibly could be a greater challenge with the partnership
with the states to medicaid and -- you can apply on line. every door using the application in it and it goes to the right place. that is critically important and that has to be done absolutely right. >> we will get to audience questions in just a minute. what is your perspective? what are the biggest concerns you're looking at with exchanges? do you have a sense about whether enough insurers will be willing to participate in the exchanges to make viable markets, or could we see a problem? >> doesn't really matter? maybe a hybrid with a share
responsibilities. >> all very good questions. it is important that we have a true marketplace where the emphasis on maximizing competition and choice. consumers have the choices they need. i think that has to be the focus. the best place to do this is at the state level. they have the experience, particularly with regulating health plans. states are moving forward at different rates and paces. we heard a lot from josh about where their states are. the plants want to engage -- the plans want to engage. the federal government is
bending over backwards to help states. they do not want to duplicate efforts. they have a partnership program, as ron pointed out. that is important for states that might now be able to do the --l plefledge we heard from bill in terms of affordability. these plants have to be affordable to attract individuals -- these plans have to be affordable to attract individuals. if we don't have affordable premiums, individuals and companies will not participate. the penalty for not participating is not all that extreme, particularly in the
first year. underlying health care costs make some important steps, but more needs to be done. if we don't have a better handle on controlling the cost, we will not have affordable premiums. we have this premium tax the goes into effect in 2014 at about 3%. we did an analysis. that is about $6,000 over 10 years. upper pressure on premiums. depending on what states pick. there are 10 plans to pick from. there could be a significant
bite out of premiums. that is another important factor. most states don't have specific age bans. typically for the younger a six tothat is about one ration. ? what does that mean? a premium spike. with to pay attention and -- we have to pay attention and with the effects could be. with the states to best and let them use their local market knowledge and what works best for their constituents to have these high class exchanges that will put pressure on premiums. >> could i add one additional
piece? we of under 40,000 -- we have ,000-plus people in the medicaid program. that mandate is fairly old. as you move from medicaid and people aren't that incremental -- we want people to work to wipe off of public support. we worry about the cliff effect when individuals go from medicaid and now i go into the exchange and the benefit package unless we choose a higher-priced package.
there'll be a barrier for individuals to work out into the exchange. that is something that congress will have to help us address or wheel of a different type of insurance lock. >> i think it is a good point. even having something for those individuals is a lot better than we have now. it is a cliff. there may be a bit of a step down. >> i think we're channeling one another. that's the point i was going to make. when somebody is above 138% of poverty and no longer eligible for medicaid, they will be tax credit subsidies that are provided on a sliding scale.
that is really important. those folks above 138% of poverty are going to get larger tax credit. it is not going to be that significant. i have to emphasize one thing. the medicaid program, the health-care safety net program, is more hole than webbing. we treat different groups very differently. we treat kids different than their parents. we treat adults who are not parents different. with respect to kids due to the confluence of medicare, in every state virtually the eligibility % ofdard goes up to 200 % o
poverty. for the parents of those kids, the median income eligibility standard among the 50 states is 62% of poverty. we have a huge portion of parents whose kids are getting public coverage but they cannot. with respect to non parental adults, we do nothing in 42 states, nada. this is an enormous improvement. josh is right when he said the four will care act is not the be all and end all -- when he said the affordable care act is not the be all and end all. it is important that we get it right.
>> we recognize there are these issues with medicaid. there are things that need to be fixed. what may be the difference in virginia is we do pride ourselves on low tax rates, of trying to beat business friendly -- of trying to be business friendly. we want these jobs to come into virginia. the issue is we're no longer competitive internationally with the country's we're competing a against-- korea, china. look at the $14 trillion debt. who is going to pay for this overtime? how much we can afford and how
fast as opposed to, is the system broken? we do want to see improvements in health care. how much can we afford, how fast, and still get this economy back on track? the economy is pretty stagnant. we will get a jobs report that we are not bouncing back as quickly as we should. we do have to get resolution quickly. >> june 25, june 28. >> i want to get to some of the questions from the audience. one of them is compelling, about one of the supreme court scenarios. if the supreme court comes back
and says the individual mandate is unconstitutional, we're throwing it out, but that is all we're doing. that is not our job. our job is to figure out what is constitutional and what is not. the man dagos and the pre- existing coverage states -- the mandate goes. >> it is not workable. we made clear in our brief to the supreme court. their link to the mandate -- they are linked to the mandate. we had some real-life experience with the states. eight states have tried market reform in the 91990's.
premiums spiked. individuals lost choice. a lot of plans pulled out because they cannot remain solvent and that kind of a marketplace. that's really important. once you break the linkage, the market reforms do not work. that is what we argue to the supreme court. >> i agree you cannot call for car insurance at the accident scene. i think that is one of the reasons that is in fair rating to read on "politico," or people say will make sure that people with pre-existing conditions can get insurance.
how are you going to do that? it is not too easy as waving a wand. so, i think to the important to challenge people who realize that it is important for people to get insurance. >> i take that as a challenge. >> i do not think you were quoted. it is important to think about -- it is pretty easy to say that i believe it will be easy for people to get insurance -- i don't think that is sustainable and people should be called on that. we do what we've been doing all along. we have some options that the state level and we make a decision. uance.ant to add a new
there is a nuance here. much of -- i support the individual responsibility provision. i think it is far preferable for people to purchase health insurance than to foist their bills on to everyone else. it was created by conservatives so they should rejoice with that. the commentary again has illustrated that. s thatlook at the state' have adopted a = = = a but did not do what massachusetts did and did not have a mandate.
the premiums did go up. ances are as follows. i think it is important to understand the nuances. the affordable care act does something different than the other states and that will be kept under the scenario you're talking about. we're trying to get younger and healthier people into the pool and keep them in the pool. one of the things the affordable care act does -- again, not perfect -- there are the tax credit subsidies on a sliding scale. younger adults who are in entry-
level jobs or do not have a job are going to get a disproportionate benefit from those tax credit subsidies. it doesn't mean there is no damage in terms of the pool. it is ameliorates the damaged somewhat and that is significant -- it ameliorates the damage somewhat. i think everyone is going to want to protect people who have pre-existing conditions so that they don't continue to be denied coverage. we can do a number of things. when medicare part d was created, we did not require seniors to get prescription drug coverage. you're going to pay a surcharge.
not a perfect mechanism. i did nothing that argues against keeping the individual responsible position. there are ways we can ameliorate the damage. >> let me answer two questions. your question first. what will happen in virginia? the urban institute did the best predictions and they are doing some of our actuarial work. without the mandate, premiums go up 15% in addition to whatever else happens. the message will carry to the governor and the attorney general has been from a policy standpoint, these are definitely linked. we look at enrollment periods,